1418 N CLAIBORNE Avenue, New Orleans, LA 70116
- Added:
- Jan 29, 2026
- Days on Market:
- 131
- Last Refresh:
- Jun 9 at 5:06 pm
Property Features for 1418 N CLAIBORNE Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- HMC-2
- Parking features
- Driveway, Off Street
- Standard status
- Active
- APN
- 37W106509
- Size
- 4,850 SF
Taxes and HOA fees
- Tax Description
- Lots 11 and 12, Sq 629, Third District, Orleans Parish
Utilities
- Water source
- Public
Building Details
- Year built
- 1970
- Floors in Building
- 2
Listing agent Beverly Rambo License #15702 (504) 908-5037
Listing office Homesmart Realty South 3131 N I-10 Service Rd, #101, New Orleans, LA (504) 908-7653
Listing date Jan 29, 2026
Copyright © 2026 New Orleans Metropolitan Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High traffic area suitable for various businesses
- Ample parking available directly across the street
- Well‑maintained exterior
- Six retail bays (3 on each floor)
- Long‑term tenants already in place
- Below‑market rental rates
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $87.3k | $18.00 |
| − Vacancy | −$1.7k | −$0.36 |
| EGI | $85.6k | $17.64 |
| − OpEx | −$25.7k | −$5.29 |
| NOI | $59.9k | $12.35 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Orleans
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.0679303
- Latitude
- 29.9696752